10X Capital Venture Acquisition III Achieves NYSE Listing Standards Compliance

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10X ($NYSEAM:VCXB) Capital Venture Acquisition III (10X) is pleased to announce that it has regained compliance with the listing standards of the New York Stock Exchange (NYSE). 10X is a blank check company focused on effecting an acquisition of one or more businesses in the technology, healthcare, media and entertainment, services, and consumer sectors. By achieving NYSE listing standards compliance, 10X demonstrates its commitment to corporate best practices and market transparency. 10X has a team of experienced professionals with expertise in mergers & acquisitions, private equity, venture capital and corporate banking. Its founders have a successful track record of structuring complex transactions and delivering strong returns to investors. The company is domiciled in Delaware and its common stock is publicly traded on the NYSE under the symbol “TENX”. As part of its NYSE listing standards compliance, 10X has implemented a comprehensive corporate governance program, which includes a comprehensive compliance manual, internal control procedures and systems, an audit committee charter, and key policies and procedures to ensure compliance with securities laws.

In addition, 10X has adopted a code of business conduct and ethics that sets forth ethical standards of conduct for its directors, officers and employees. With this achievement, 10X shows its dedication to being a transparent and reliable investment option for investors. The company is now well-positioned to continue executing on its mission to create value for stakeholders through acquisitions.

Stock Price

On Wednesday, 10X CAPITAL VENTURE ACQUISITION achieved a milestone when its stock opened and closed the trading day at $10.7, thus achieving the listing standards compliance necessary for the company to be listed on the New York Stock Exchange. The listing marks the most recent successful step in 10X CAPITAL VENTURE ACQUISITION’s path toward obtaining a listing on the NYSE. This achievement is a testament to the hard work of the company and its team in achieving this goal.

As a result, the company is now eligible to offer its stock directly to investors, opening up new possibilities for growth and expansion of the enterprise. It is an exciting time for 10X CAPITAL VENTURE ACQUISITION as they successfully reach this milestone. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for VCXB. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for VCXB. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for VCXB. More…

Key Ratios Snapshot

Some of the financial key ratios for VCXB are shown below. More…

Analysis

GoodWhale has conducted an analysis of 10X CAPITAL VENTURE ACQUISITION’s wellbeing. Based on the Star Chart, 10X CAPITAL VENTURE ACQUISITION has an intermediate health score of 6/10. This indicates that 10X CAPITAL VENTURE ACQUISITION is likely to safely ride out any crisis without the risk of bankruptcy. Moreover, 10X CAPITAL VENTURE ACQUISITION is classified as a ‘elephant’ – a type of company we conclude to be rich in assets after deducting off liabilities. With such characteristics, we believe 10X CAPITAL VENTURE ACQUISITION may attract investors who are looking for a stable and safe investment option. Further assessment of 10X CAPITAL VENTURE ACQUISITION shows that it is strong in cashflows and debt, medium in asset and weak in dividend, growth, and profitability. This analysis can help potential investors make more informed decisions regarding their investments. More…

Summary

10X Capital Venture Acquisition III (XCVA) recently regained compliance with the New York Stock Exchange (NYSE) listing standards, making it a viable stock option for investors. XCVA seeks to invest primarily in venture capital funds and direct investments, with a focus on technology, media, consumer, energy and industrial companies. The company believes its strategy of investing in venture capital funds will generate returns that outperform public markets. It also seeks to create value by making direct investments in promising companies, and by providing active portfolio management.

XCVA has a diverse portfolio of investments, with an emphasis on early to mid-stage companies. It aims to achieve capital appreciation by identifying and investing in attractive opportunities in a variety of sectors. Given its strategy of investing through venture capital funds and direct investments, investors should carefully consider the associated risks before investing in XCVA.